News Desk

IMO Environment Committee approves amendments to cut ship emissions

by Categories News, Press Release Tags , , , Leave a comment Estimated reading time = 7 minutes

Draft amendments to the MARPOL convention would require ships to combine a technical and an operational approach to reduce their carbon intensity. 

Draft new mandatory regulations  to cut the carbon intensity of existing ships have been approved by the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC), meeting in virtual session from 16-20 November 2020..

This builds on current mandatory energy efficiency requirements to further reduce greenhouse gas emissions from shipping.

Go to full article >>>

Transnet procedures for hazardous cargoes in South African ports

by Categories Hazardous, IMO, Ports & Terminals, Press Release, Shared Articles, Vessel Operation Tags , , , , Leave a comment Estimated reading time = 4 minutes
dangerous goods declaration

As has been covered across various articles on this site, the process of hazardous cargo approval, acceptance and shipment is quite complex and ALL stakeholders involved in the shipment of this highly specialised cargo must be fully aware of the requirements..

This cannot be repeated enough..

From pre-shipment approval, approval of shipment, movement to port of load, loading on board, precautions while at sea, discharge at destination, movement to place of delivery, every process required to be followed by the IMDG Code must be followed at all times..

Seemingly there are several cases of non-compliance and non-adherence in this regard, based on which, Transnet, the State Owned Enterprise in South Africa responsible for all port operations has amended its Handling and Transport of Dangerous Cargoes National Procedures..

Go to full article >>>

Transnet shares concerns on incorrect labelling of hazardous containers

by Categories Hazardous, Ports & Terminals, Vessel Operation Tags , , , 5 Comments Estimated reading time = 5 minutes
All about hazardous cargo

Undeclared or misdeclared hazardous goods (Dangerous Goods) have been the bane of many vessel operators and shipping lines since the start of carriage of hazardous goods on ships..

The incidents created due to this issue has been increasing over the years with 9 major maritime disasters recorded in 2019 alone and as per TT Club, a containership is involved in a major fire every 60 days..

As per a statement issued by the Office of the Chief Harbour Master, Transnet National Ports Authority has identified the following risks and challenges that have emerged in the past years which requires immediate attention..

Go to full article >>>

Fonterra completes first blockchain trade transaction using Wave’s BL

by Categories Bill of Lading, Blockchain, Digitalisation, Documentation, Technology, Trade Tags , Leave a comment Estimated reading time = 3 minutes
Press Release - Shipping and Freight Resource

Fonterra, one of the world’s leading international dairy processors, has completed its first e-presentation for a shipment from New Zealand to China using WAVE BL’s blockchain-based technology with HSBC as the banker.

This fully digital end-to-end Letter of Credit presentation, in which digital documents were cryptographically signed and presented using WAVE BL’s platform, is an example of the regular flow of documents between companies and banks during the international exchange of goods.

Go to full article >>>

Contour partners with CargoX to transform bills of lading

by Categories Bill of Lading, Blockchain, Digitalisation, Press Release, Technology, Trade Finance Tags , , , Leave a comment Estimated reading time = 3 minutes
Press Release on Shipping and Freight Resource

Contour, the Singapore-based global trade finance network has today announced its partnership with CargoX, a blockchain platform for transferring documents and data including a certified electronic bill of lading solution.

The news follows Contour’s transition to full production, with the network supporting electronic bills of lading as part of digital transformation of trade.

Go to full article >>>

Integrated logistics to enable efficient distribution of COVID-19 vaccine

by Categories Logistics, News, Press Release Tags , , Leave a comment Estimated reading time = 5 minutes
Press Release

COVAXX and Maersk enter partnership to supply COVID-19 vaccines globally.

The goal is to bring a much needed COVID-19 vaccine to emerging and developing nations. The agreement establishes integrated logistics to enable efficient worldwide distribution of COVAXX’s COVID-19 vaccine. The aim is to distribute up to a billion doses of the COVAXX synthetic vaccine worldwide in 2021. 

Go to full article >>>

IMO working group agrees further measures to cut ship emissions

by Categories Climate Change, IMO, Press Release Tags , , Leave a comment Estimated reading time = 6 minutes
Press Release

Proposed amendments to the MARPOL convention would require ships to combine a technical and an operational approach to reduce their carbon intensity​.

Draft new mandatory measures to cut the carbon intensity of existing ships have been agreed by an International Maritime Organization (IMO) working group.

This marks a major step forward, building on current mandatory energy efficiency requirements to further reduce greenhouse gas emissions from shipping.

Go to full article >>>

TT Club focusses on temperature-controlled cargo losses

by Categories Shipping and Freight Tags , , , 1 Comment Estimated reading time = 3 minutes
reefer cargo claims

The leading international freight transport and logistics insurer, TT Club has drawn attention to action required to reduce perishable cargo losses and refrigerated container failures and damage.

Analysis of the specialist insurer’s claims records for transport operators over the past three years shows temperature-controlled incidents ranking in third place.

Almost 30% of these incidents involved a miscommunication of operational instructions on care of the cargo with a further 23% down to temperature setting errors. Reefer equipment failure or damage accounted for a quarter of the reefer claims. 

Go to full article >>>

Half of the world’s container cargo data is on a single blockchain platform

by Categories Blockchain, News, Press Release, Shipping, Technology Tags , , , , Leave a comment Estimated reading time = 4 minutes
Press Release

With two more major shipping leaders actively sharing information, data on nearly half of the world’s ocean container cargo is now available on a single blockchain-based data platform..

Major global container carriers MSC Mediterranean Shipping Company (MSC) and CMA CGM announced on the 15th of October 2020 that they are now integrated onto TradeLens (www.tradelens.com), helping ensure a more fully integrated, timely and consistent view of logistics data for their containerized freight around the world.

Go to full article >>>

Heavy cargo rollovers observed in September as per Ocean Insights data

by Categories Press Release, Shipping and Freight Tags , Leave a comment Estimated reading time = 4 minutes

Supply chain disruption due to container rollovers at leading transshipment ports eased marginally for shippers in September compared to August.

However, the ratio of rollovers remained far higher compared to a year earlier at most hubs, according to Ocean Insights, the world’s leading real-time and predictive ocean container tracking data provider to forwarders and shippers.

The latest global container port rollover findings were compiled by analyzing Ocean Insights’ proprietary global container tracking data through to the end of September.

Go to full article >>>

Share